DIANA TEA : ALLOTS 40.74 LAKH CONVERTIBLE WARRANTS TO PROMOTERS AT ₹27 EACH, ISSUE WORTH RS 11 CR

• Preferential Issue Committee approved allotment of 40,74,075 convertible warrants at ₹27 per warrant (face value ₹5 plus ₹22 premium) • Allottees are promoters and promoter group: Sandeep Singhania, Sarita Singhania, Devang Singhania, Vani Singhania and Diana Capital Limited • Company received 25% of the warrant issue price upfront; balance 75% payable on exercise of conversion • Each warrant convertible into one fully paid equity share of face value ₹5, exercisable in one or more tranches within 18 months • No change in paid-up equity share capital at this stage; unexercised warrants lapse and paid amount stands forfeited • Allotment follows AGM approval on 11 September 2026 and BSE in-principle approval dated 26 October 2026 Impact: Neutral (Promoter-group warrant issue brings in 25% upfront but dilution only occurs on conversion within 18 months)

Diana Tea Company Ltd

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